Gold (The current price is not a nice place to enter LONG)

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View On XAU/USD (11 Feb 2018)

In The medium-term (3 months to 6 months time horizon) is bullish but as for the short term, I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".

I am not in the hurry to long, just yet as I prefer it to go in with strong bullish momentum at good support.
I will wait patiently to buy in, instead of rushing in.

Look out for Strong support levels such as 1300, 1288, 1280.



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